Goldcorp (GG) tumbles on Q1 numbers

Goldcorp Inc.

shares slumped 6.2% to $18.92 on reporting first-quarter revenues were $1.27 billion, generating adjusted net earnings of $12 million, or $0.01 per share, compared to adjusted net earnings of $209 million, or $0.26 per share, for the first quarter of 2014. Reported net loss for the quarter was $87 million, or ($0.11) per share, compared to net earnings of $98 million, or $0.12 per share, for the first quarter of 2014. Share volume was 4.8 million, compared to an all-day average of 1.8 million